Bitcoin Gold Price Hits $25.66 (BTG)

Bitcoin Gold (BTG) traded 2.4% lower against the dollar during the 24-hour period ending at 0:00 AM Eastern on July 23rd. One Bitcoin Gold coin can now be purchased for approximately $25.66 or 0.00038843 BTC on exchanges. Bitcoin Gold has a total market cap of $449.41 million and $3.88 million worth of Bitcoin Gold was traded on exchanges in the last day. Over the last seven days, Bitcoin Gold has traded 6.3% lower against the dollar.

Here’s how other cryptocurrencies have performed over the last day:

• Zcash (ZEC) traded down 3.5% against the dollar and now trades at $29.84 or 0.00045164 BTC.
• Horizen (ZEN) traded down 2.6% against the dollar and now trades at $11.30 or 0.00017103 BTC.
• Komodo (KMD) traded 3.6% lower against the dollar and now trades at $0.28 or 0.00000418 BTC.
• Pirate Chain (ARRR) traded 2.6% lower against the dollar and now trades at $0.19 or 0.00000286 BTC.
• ZClassic (ZCL) traded down 1.2% against the dollar and now trades at $0.0535 or 0.00000081 BTC.

About Bitcoin Gold

BTG is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its genesis date was October 25th, 2017. Bitcoin Gold’s total supply is 17,513,924 coins. The official message board for Bitcoin Gold is forum.bitcoingold.org. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here. The Reddit community for Bitcoin Gold is https://reddit.com/r/bitcoingoldhq and the currency’s Github account can be viewed here. Bitcoin Gold’s official website is bitcoingold.org.

According to CryptoCompare, “Bitcoin Gold (BTG) is a digital currency that aims to decentralize the process of Bitcoin mining by utilizing GPU hardware, making it more accessible to a wider range of users. BTG is based on the original Bitcoin blockchain but incorporates a different mining algorithm, Equihash, to promote decentralization and prevent the concentration of mining power. BTG was created in 2017 as a fork of Bitcoin, and it maintains similar features such as a limited supply cap of 21 million coins. BTG can be used for peer-to-peer transactions, as well as for mining on GPU hardware to earn rewards for securing the network. BTG aims to provide a more decentralized and democratic approach to mining, empowering individual miners and promoting wider participation in the mining process.”

Bitcoin Gold Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Bitcoin Gold directly using U.S. dollars. Investors seeking to acquire Bitcoin Gold should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Bitcoin Gold using one of the exchanges listed above.

BTG/USD price chart by TradingView